Georgia Metropolitan Dance Theatre Inc

Analysis

Georgia Metropolitan Dance Theatre Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Georgia Metropolitan Dance Theatre Inc reported income of $301k and spending of $285k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $220k to $301k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 93%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgia Metropolitan Dance Theatre Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Environment and Culture Partners ($301k), National Jewish Theater Foundation Inc ($301k) and Vivo Youth Orchestras ($301k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $14k (4.9% of expenses). Other salaries and wages came to $29k. At year end it held assets of $111k against liabilities of $0, net assets of $111k. It reported 3 employees.